The FTSE 100 is flat on the last trading day of July but remains on course for its best month since February. London's blue-chip index touched a fresh record high earlier in the session and has gained nearly 4% for the month, recovering from the 6.7% drop it took in March when the US and Israel attacked Iran.
The FTSE 100 is flat for the day. It remains on course for its best month since February, extending a rebound that began after the US and Israel attacked Iran in March. London's benchmark index also touched a fresh record high of 10,989.45 earlier in the session.
The index looks set to stay about a hundred points short of the 11,000 mark this month. With two hours of trading left on Friday, it had gained about 407 points over the course of July, putting it on track for a rise of nearly 4% for the month.
The index fell 6.7% in March after the US and Israel launched attacks on Iran. It has since recovered that ground and edged above its previous high from February.
Source: The Guardian
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